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Dec 26, 2012
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it expects u.s. debt to rise to 105% of gdp this year and warns the country will probably fall into recession in 2013 if there's no resolution to the fiscal cliff. last year, it cut u.s. treasuries from a to a-plus with a negative outlook. >>> and the holiday shopping season is drying to a close. early numbers suggest what started out strong is ending with a whimper. mastercard spending pulse unit estimates sales rose .7% over the past two months, which would be the weakest pace since 2008 during the financial crisis. many analysts had expected sales to rise 3% to 4%. several events may have, of course, pushed consumers to spend less this season including hurricane sandy and concerns about how tax hikes from the fiscal cliff could impact their wallets. joining us for more on the numbers is michael mcnamara of mastercard advisers. great to have you with us. many analysts, retailers had high hopes for the season. i think it's looking weaker than expected. of course we had hurricane sandy and we're deal
it expects u.s. debt to rise to 105% of gdp this year and warns the country will probably fall into recession in 2013 if there's no resolution to the fiscal cliff. last year, it cut u.s. treasuries from a to a-plus with a negative outlook. >>> and the holiday shopping season is drying to a close. early numbers suggest what started out strong is ending with a whimper. mastercard spending pulse unit estimates sales rose .7% over the past two months, which would be the weakest pace since...
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Dec 3, 2012
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u.s. sending out nearly 2,000 new spies. next we'll tell you their prime targets -- hint -- and the price tag for you, the taxpayer, will be paid for by tax hikes on the rich. >>> the cnbc real-time exchange market snapshot is sponsored by -- i always wait until the last minute. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... [ all ] i'm with scottrade. ♪ [ male announcer ] they are a glowing example of what it means to be the best. and at this special time of year, they sh
u.s. sending out nearly 2,000 new spies. next we'll tell you their prime targets -- hint -- and the price tag for you, the taxpayer, will be paid for by tax hikes on the rich. >>> the cnbc real-time exchange market snapshot is sponsored by -- i always wait until the last minute. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas...
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Dec 17, 2012
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33% say yes, especially compared with the average u.s. family income. 42% say no. $250,000 doesn't go very far in today's economy and 25% say it depends on where you live. >>> all right, let's see what is coming up on "street signs," 2:00 p.m. eastern time. hi, mandy. >> hi, guys. we will talk about the fiscal cliff from a different perspective. we talk about it day in, day out, ad nauseam. but how much is it really affecting the real american out there? and also american airlines get a leg up, after an upgrade they are kicking you know what recently. and kicking 06 a retail titans face off. we have a fabulous panel of retail expert all lined up. plus our own courtney regan as to who wines this holiday season? wal-mart or target? a lot of things coming up at the top of the hour. >> thank you mandy. >>> how much money is involved, what happens to sales after the senseless killings? mary thompson joins us with a look at the numberes. mary? >> tyler, guns are big profitable business in the u.s. companies two public trading gun firms in exces
33% say yes, especially compared with the average u.s. family income. 42% say no. $250,000 doesn't go very far in today's economy and 25% say it depends on where you live. >>> all right, let's see what is coming up on "street signs," 2:00 p.m. eastern time. hi, mandy. >> hi, guys. we will talk about the fiscal cliff from a different perspective. we talk about it day in, day out, ad nauseam. but how much is it really affecting the real american out there? and also...
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Dec 27, 2012
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harry reiry reid says the u.s. probably going over the fiscal cliff. >> would it be betser for america if we did go over the fiscal cliff? coming up? >> announcer: if congress fails to come to an agreement on the fiscal cliff, the u.s. unemployment rate will top over 9% in 2013. at a dry cleaner, we replaced people with a machine. what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. you won't take our future. aids affects us all. even babies. chevron is working to stop mother-to-child transmission. our employees and their families are part of the fight. and we're winning. at chevron nigeria, we haven't had a reported case in 12 years. aids is strong. aids is strong. but we are stronger. and aids... ♪ aids is going to lose. aids is going to lose. ♪ >>> coming up, we'll see how correct or in correct our predictions were for this year. we'll check in on commodities. we've also got
harry reiry reid says the u.s. probably going over the fiscal cliff. >> would it be betser for america if we did go over the fiscal cliff? coming up? >> announcer: if congress fails to come to an agreement on the fiscal cliff, the u.s. unemployment rate will top over 9% in 2013. at a dry cleaner, we replaced people with a machine. what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello?...
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Dec 4, 2012
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and u.s. companies race to go beat the fiscal cliff, we'll take a look at the biggest payouts from morning at 10:30 london. in brussels, eurozone finance ministers getting ready to tackle banking union proposals. we'll have updates throughout the show. and are you going to hit the slopes during the holidays or in the course of the ski season? 11:40, we'll talk, yes, the ski season. one of the things that make winter great for the guest who for the time being is keeping warm in orlando, florida. we will do that. unemployment in spain has continued to rise, by 1.5% in november, pushing the total number to 4.2 million people. french finance minister says he's confident the buy back plan will go well. silvia is still there as they work their way towards banking union proposals. silvia, i don't know where -- i don't know if i want to talk about greece or not, whether i want to dive straight into the banking union and what chance have we possibly got of getting agreement. >> let's talk about greece,
and u.s. companies race to go beat the fiscal cliff, we'll take a look at the biggest payouts from morning at 10:30 london. in brussels, eurozone finance ministers getting ready to tackle banking union proposals. we'll have updates throughout the show. and are you going to hit the slopes during the holidays or in the course of the ski season? 11:40, we'll talk, yes, the ski season. one of the things that make winter great for the guest who for the time being is keeping warm in orlando, florida....
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Dec 18, 2012
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we're seeing u.s. continuing to grow, asia continuing to grow, not just china, but other parts of asia. india is a big percentage growth of a very small business and then parts of the middle east very strong. europe is much stronger for obvious reasons. but i think we have nice balance of growth around the world. >> so just on the middle east, i'm assuming that business in most areas of the middle east has been quite tough here over the past two years especially or are you seeing pockets continuing to grow despite the -- >> yeah. so uae in saudi has been very strong. but clearly egypt and places like syria have been affected. and we've defer natalie seen a reduction in the market. but less growth than we've seen in the past. but i think, again, over time, it's a wealthy part of the world. >> there's speculation that you could be selling somewhere in the region of $2 billion worth of assets in hong kong, london, new york, paris. are you? >> no, no. too much speculation. we have on the market a slight hi
we're seeing u.s. continuing to grow, asia continuing to grow, not just china, but other parts of asia. india is a big percentage growth of a very small business and then parts of the middle east very strong. europe is much stronger for obvious reasons. but i think we have nice balance of growth around the world. >> so just on the middle east, i'm assuming that business in most areas of the middle east has been quite tough here over the past two years especially or are you seeing pockets...
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Dec 6, 2012
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joining us is u.s. leader of m&a practice at pricewaterhouse which is forecasting sustaineded activity. what impact is the fiscal cliff having? >> it's impacting the level of activity in the final quarter of 2012. we are seeing acceleration. if we look at volume and values of deals in october and november, we popped up 10%, 15% above the average after the previous nine months. so i think if you were contemplating the deal between september of this year and march of next, the likelihood is you'll try to pull it forward to try to take advantage of the capital gains tax certainlily. >> so if you're rushing through this year, there will be a lull in the first quarter. >> yeah. i agree. i think we will potentially see a lull in the first quarter. but on the assumption that we do get past the fiscal cliff with successful resolution, which i think we're all optimistic we will, i think fundamentals are strong. we have corporate balance sheets still strong. we have private equity with a lot of available cash. an
joining us is u.s. leader of m&a practice at pricewaterhouse which is forecasting sustaineded activity. what impact is the fiscal cliff having? >> it's impacting the level of activity in the final quarter of 2012. we are seeing acceleration. if we look at volume and values of deals in october and november, we popped up 10%, 15% above the average after the previous nine months. so i think if you were contemplating the deal between september of this year and march of next, the...
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Dec 19, 2012
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and on the u.s. side, not just the u.s. but on the western side, there's a feeling that the chinese market is not open and that open markets should be a two-way street. it's not just the west is open, china has to be open, too. >> we'll leave it there. adjunct associate professor at the chinese university of hong kong. frank, thank you very much. >>> now for more on this topic, in fact on asia more bradley, let's get more on the conversation. global head of economics at society national. when we look into 2013, how -- how he been of power shifting, and is china going to start using its foreign reserves as more of a bargaining tool? >> well, i don't really think they will. and i think what's important to see is that the foreign exchange reserves are also part of the currency policy. if china were to massively diversify their foreign exchange reserves special different currencies, then they would also have to change the currency policy. so the two really to my mind go hand in hand. now, that doesn't necessarily mean that if t
and on the u.s. side, not just the u.s. but on the western side, there's a feeling that the chinese market is not open and that open markets should be a two-way street. it's not just the west is open, china has to be open, too. >> we'll leave it there. adjunct associate professor at the chinese university of hong kong. frank, thank you very much. >>> now for more on this topic, in fact on asia more bradley, let's get more on the conversation. global head of economics at society...
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Dec 3, 2012
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and whether it's the u.s. fiscal cliff, people negotiating in greece, or in the uk when finance ministers say, oh, there's a catastrophe around the corner, there usually isn't. and saying that makes things worse. one can't deny there could be a set of circumstances in which the bond vigilantes wake up and say dumpster link. but at the moment there's no reason to think that's been happening. sterling has been stable for three plus years now since the end of '08. interest rates remain low. plenty of opportunity for capital to leave the uk. it's not. and meanwhile the growth strategy is missing because the tax strategy is in-company here ept. in the end, austerity is only good insofar as you're actually paying for the right things an cutting the right things. >> so we cut investment spending but haven't cut welfare spending. >> exactly. which is the wrong way around. but even then if you want to do tax cuts to stimulate the economy, why are we doing tax krets. that's been on the table forever. >> why do you think
and whether it's the u.s. fiscal cliff, people negotiating in greece, or in the uk when finance ministers say, oh, there's a catastrophe around the corner, there usually isn't. and saying that makes things worse. one can't deny there could be a set of circumstances in which the bond vigilantes wake up and say dumpster link. but at the moment there's no reason to think that's been happening. sterling has been stable for three plus years now since the end of '08. interest rates remain low. plenty...
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Dec 28, 2012
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if the u.s. goes over the cliff, if confidence starts to rock around, if we have financial market turbulences, demand for safe havens should go up. we already see these small movements with very well volumes where there's a little bit of money flowing back into safe havens now. i would expect gold to have some role in this, as well. >> what's interesting is given that and given all the reasons why people have historically liked gold, you would have expected it to be a strong asset class in the second half of the year, maybe with some of these uncertainties around. but that wasn't the case. it really underperformed and that has caught so much attention because it suggests people, you know, what really are the drivers here? >> yeah, quite. so safe haven less so, but still what you're seeing is em central banks continue to add and essentially if you like catching up with some of the nations. iraq add to gold as well as the many other em central banks. we still own gold, so we're still looking for it
if the u.s. goes over the cliff, if confidence starts to rock around, if we have financial market turbulences, demand for safe havens should go up. we already see these small movements with very well volumes where there's a little bit of money flowing back into safe havens now. i would expect gold to have some role in this, as well. >> what's interesting is given that and given all the reasons why people have historically liked gold, you would have expected it to be a strong asset class...
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Dec 7, 2012
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u.s. are expected to have slowed significantly in november as hurricane sandy battered the economy. and euro hits a session low, 0.4% as problems in europe's periphery continue to weigh. a powerful 7.3 magnitude earthquake has struck across japan's northeastern coast. the quake rocked buildings as far as tokyo according to reports. u.s. geological survey said there was no threat in the wider pacific ocean. the yen has been rising to a session high before we got details of that. and right now, you can see dollar-yen at 82.39. 82.17 before that happened. some safe haven in-flows into japanese currency. if there was going to be a wave in terms of tsunami that was going to hit, it would have happened around five, six minutes ago and she had yet to see any specific drop or change in the sea level. so we'll hope that that continues on that particular way. atomic power says no irregularities seen at its nuclear plant. operations are normal after the quake. so we'll keep our eyes on that. and we'l
u.s. are expected to have slowed significantly in november as hurricane sandy battered the economy. and euro hits a session low, 0.4% as problems in europe's periphery continue to weigh. a powerful 7.3 magnitude earthquake has struck across japan's northeastern coast. the quake rocked buildings as far as tokyo according to reports. u.s. geological survey said there was no threat in the wider pacific ocean. the yen has been rising to a session high before we got details of that. and right now,...
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Dec 13, 2012
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if the u.s. goes over the fiscal cliff. >>> and the u.s. takes another surprising step tying interest rates to the u.s. unemployment rate. >>> plus, investors chairing danone plan to save $2 million over the next two years as they try to offset a slump in southern europe. >>> straight ahead on the program, moody's says not to worry about political instability in italy. our next guest disagrees. should markets expect the repricing of risk next year? [s >>> welcome back to "worldwide exchange." we're checking on trade now. european markets for the most part dripping lower. ftse 100, cac 40 down less than .2%. xetra dax down more than 0.4%. double digit gains for the other major bourses, as well. we've seen gains the last several trading sessions. the ibex 35, rallying up .5%. same for the ftse mib. >>> speaking of italy, let's take a look at the yield curve. 4.64%. italy has a dead auction coming up later in the show. as for spain and germany, they are seeing yields drip lower this morning, as well
if the u.s. goes over the fiscal cliff. >>> and the u.s. takes another surprising step tying interest rates to the u.s. unemployment rate. >>> plus, investors chairing danone plan to save $2 million over the next two years as they try to offset a slump in southern europe. >>> straight ahead on the program, moody's says not to worry about political instability in italy. our next guest disagrees. should markets expect the repricing of risk next year? [s >>>...
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Dec 21, 2012
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it was the u.s. elections, the fiscal cliff talks. >> and john, what is it going to be, cab driving or stock picking? >> both. the back heavy trade has been used. the face has been used. so, yeah, i'm not coming back, but hopefully it will be running parallel. >> arnab, staying out of stock picking for now? >> it's not my cup of tea. i would probably be better at driving a cab. >> i wouldn't, that's for sure. john walsh, winner of the trading academy. >>> moving on now, despite fiscal cliff uncertainty at the moment, asia could pick up two. europe will be lucky not to dip into recession, but generally speaking, the outlook for 2013 may be rosy. that's according to kevin gardener, head of investment global strategies. kevin, we've just been talking to people expressing concern about what the drivers are going to be of growth next year. what say you? >> no. that's a good question. and hold on just a second. i don't think we would describe it as positively rosy just yet. we're saying the storm clouds ar
it was the u.s. elections, the fiscal cliff talks. >> and john, what is it going to be, cab driving or stock picking? >> both. the back heavy trade has been used. the face has been used. so, yeah, i'm not coming back, but hopefully it will be running parallel. >> arnab, staying out of stock picking for now? >> it's not my cup of tea. i would probably be better at driving a cab. >> i wouldn't, that's for sure. john walsh, winner of the trading academy. >>>...
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Dec 20, 2012
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by slow we're talking 1.5% to 2% growth in the u.s. and even emerging markets, having 5% growth, this is robust, relative to the 8%, 9% we used to see not long ago so my sense is you want to avoid extreme industrial exposures, you know, sort of pure cyclicals plays that are going to lead you down a bad road. in general, you know in, a slow, steady economic environment. equities seem to do well. diversified company like brookfield can do well >> you think it continues to be a good year for the big financial? >> that's a great question. i do think selectively, selectively you can find some picks within that. one of the picks on our list is actually pnc. this is, again, domestically a diversified bank. again, not in some of the businesses that will be under pressure from margin like the larger investment banks, but we'll continue to see a lot of other things going on and a lot of margin pressures. pnc, housing recovery, a pretty well diversified portfolio, well invested. i wouldn't go towards the big traditional investment banks less. >>
by slow we're talking 1.5% to 2% growth in the u.s. and even emerging markets, having 5% growth, this is robust, relative to the 8%, 9% we used to see not long ago so my sense is you want to avoid extreme industrial exposures, you know, sort of pure cyclicals plays that are going to lead you down a bad road. in general, you know in, a slow, steady economic environment. equities seem to do well. diversified company like brookfield can do well >> you think it continues to be a good year for...
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Dec 4, 2012
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there are reports tonight that the u.s. and allied intelligence have detected syrian movement of chemical weapons components the use of which is a red line for the united states. take a listen to president obama this afternoon. >> i want to make it absolutely clear to assad and those under his command, the world is watching. the use of chemical weapons is and would be totally unacceptable. and if you make the tragic mistake of using these weapons, there will be consequences and you will be held accountable. >> all right. talk about this here now is syndicated radio talk show host my great pal john. john, the president said there will be serious consequences. does that mean we'll go to war? >> we are at war. this is a civil war in syria and the u.s. is sponsoring the coalition that means to regime change in damascus. that's the coalition of cairo, morrissey ankora. we're at war. >> the question is coming back to the president's statement i thought, john, we detected movement whether it's parts or trucks or whatever, if we de
there are reports tonight that the u.s. and allied intelligence have detected syrian movement of chemical weapons components the use of which is a red line for the united states. take a listen to president obama this afternoon. >> i want to make it absolutely clear to assad and those under his command, the world is watching. the use of chemical weapons is and would be totally unacceptable. and if you make the tragic mistake of using these weapons, there will be consequences and you will...
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Dec 20, 2012
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both offered ran up against scrutiny for u.s. and eu regulators. >>> the u.s. patent office says a patent that helped apple win a $1 billion in damages against samsung is invalid. 9/it distinguishes between single and multi touch gestures on the ipad. apple is likely to appeal the patent ruling. apple shares are adding aboabou about .2% in frankfurt trade. samsung down .8% on korean trade today. >>> google has struck a deal to sell motorola cable top business to a eer is. google has been more focused on revamping the company's struggling mobile unit. take a look at google trade. >>> bernie madoff's younger brother will be sentenced today for his role in the multibillion dollar ponzi scheme. peter was a chief compliance officer at the firm. he pleaded guilty in june to several charges, including security fraud and falsifying records. he faces up to a year in prison. although letters from dozens of friends and family members and business acquaintances were filed earlier this week asking the judge for leniency. >>> european markets are mixed. adding about 10% desp
both offered ran up against scrutiny for u.s. and eu regulators. >>> the u.s. patent office says a patent that helped apple win a $1 billion in damages against samsung is invalid. 9/it distinguishes between single and multi touch gestures on the ipad. apple is likely to appeal the patent ruling. apple shares are adding aboabou about .2% in frankfurt trade. samsung down .8% on korean trade today. >>> google has struck a deal to sell motorola cable top business to a eer is....
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Dec 5, 2012
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but ultimately, the u.s. needs to be a droeiver of growth for e economy. the u.s. in 2013 is going to be a very difficult year. >> china markets doing well, as sixuan was saying on chinese leadership, pledging to do whatever they can to keep economic growth going. how important is that for the german economy? >> it is important. one of the interesting things about germany is its trade numbers have held up reasonably well despite the slowdown in the rest of europe. they're obviously able to find export markets elsewhere in the world. the asian markets are very important. so of course asia is a big destination for german exports and that economy needs to grow rapidly to support whatever growth you do get out of europe next year. >> yeah, we're talking about growth, recap this. eurozone retail sales out just a few minutes ago. down sharply in october. down 1.2% in october month to month. the pmi today for services did tick up. they're still deep in contractionary. so clearly we look to be in recession this yaur. does it continue in the first quarter? >> i think what's
but ultimately, the u.s. needs to be a droeiver of growth for e economy. the u.s. in 2013 is going to be a very difficult year. >> china markets doing well, as sixuan was saying on chinese leadership, pledging to do whatever they can to keep economic growth going. how important is that for the german economy? >> it is important. one of the interesting things about germany is its trade numbers have held up reasonably well despite the slowdown in the rest of europe. they're obviously...
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Dec 14, 2012
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where are you on the u.s. market right now? >> you know, i think right now, probably to the end of year, if we can get some kind of movement on this fiscal cliff, you have a real potential for a pop, 3%, 4%, 5%. unfortunately, as i look to 2013, i'm looking at u.s. austerity. so the question is how much is that going to be, and if it's a lot and the rest of the world can't pick up the slack, then we've got problems. if it's just a little, in china and europe, can actually come out of what they've been in, then we might be okay. >> but there's nothing wrong with buying global markets. >> no wrong at all. and it's easy these days. >> it's fairly inexpensive these days. >> it's inexpensive. europe is very cheap in terms of valuation. there's plenty of etfs to do it. these days it's very easy for anyone to do and there's plenty of places to make some money. >> all right, terrific stuff. brian kelly. we call him bk. >>> poll after poll shows the republican party has an image problem. a branding problem. the question is can it be fix
where are you on the u.s. market right now? >> you know, i think right now, probably to the end of year, if we can get some kind of movement on this fiscal cliff, you have a real potential for a pop, 3%, 4%, 5%. unfortunately, as i look to 2013, i'm looking at u.s. austerity. so the question is how much is that going to be, and if it's a lot and the rest of the world can't pick up the slack, then we've got problems. if it's just a little, in china and europe, can actually come out of what...
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Dec 26, 2012
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u.s. postage for all your letters and packages. i have exactly the amount of postage i need, the instant i need it. can you print only stamps? no... first class. priority mail. certified. international. and the mail man picks it up. i don't leave the shop anymore. [ male announcer ] get a 4 week trial plus $100 in extras including postage and a digital scale. go to stamps.com/tv and never go to the post office again. >>> well, we're getting numbers in. turns out retailers saw the weakest holiday season since 2008 hurt by bad weather and more uncertainty about the rising tax increases that could come next year. we're wondering if the concerns will continue to keep shoppers from spending into 2013. >> let's ask our guests. ladies, thanks so much for having us. i nearly said thank you for having us. thanking you for coming on the show. stacy, here we are day in and day out on the financial news talking about the fiscal cliff, economists talk about the fiscal cliff and politicians talk about t
u.s. postage for all your letters and packages. i have exactly the amount of postage i need, the instant i need it. can you print only stamps? no... first class. priority mail. certified. international. and the mail man picks it up. i don't leave the shop anymore. [ male announcer ] get a 4 week trial plus $100 in extras including postage and a digital scale. go to stamps.com/tv and never go to the post office again. >>> well, we're getting numbers in. turns out retailers saw the...
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Dec 31, 2012
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u.s. debt. i'm told by this person on the call that the administration's response to that, they think a small deal would in fact be enough, but they wouldn't speak for the ratings agency. still a big unknown hanging out there, guys. >> and we know about some of the tough conversations we'll have 30 days from now, 45 days from now, eamon. it does sound, though, judging from some of the latest rumors that they're almost comically close to a deal, especially when you talk about the income level at which tax rates would rise. is it 4, 450, settle on 5. is that the main thing you're interested in over the next couple hours? >> yeah, once they've gotten rid of the question about the changed cpi and social security over the weekend, which the republicans asked for, democrats denied, republicans backed down on that, then it becomes a matter of hammering out the details and making sure that you have the votes before you go to the floor. it does seem like they're very close to this deal. but it is t
u.s. debt. i'm told by this person on the call that the administration's response to that, they think a small deal would in fact be enough, but they wouldn't speak for the ratings agency. still a big unknown hanging out there, guys. >> and we know about some of the tough conversations we'll have 30 days from now, 45 days from now, eamon. it does sound, though, judging from some of the latest rumors that they're almost comically close to a deal, especially when you talk about the income...
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Dec 14, 2012
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the u.s. is down a little bit. so i think the emerging market consumer names will do particularly well again. >> and on the disclosure front, do we need to indicate whether you have a business relationship with any of these companies? >> no, not at all. >> okay. robert quinn, thanks very much for your time. >>> now stick around because straight ahead on today's show, we'll be live in brussels as europe's leaders gather for their latest summit and we'll look at what else, apart from the banking union, will be on the agenda. plus we speak to the editor of the "financial times." and find out why the paper picked draghi as their person of the year. who is going to be the next timothy geithner? president obama gets ready to unveil his next pick for treasury secretary. >>> and voters head to the polls for their first vote in egypt's constitutional referendum. we'll take a look at the possible outcomes a little later in the program. >>> welcome back to the program. greek lawmakers have submitted a long awaited bill to cur
the u.s. is down a little bit. so i think the emerging market consumer names will do particularly well again. >> and on the disclosure front, do we need to indicate whether you have a business relationship with any of these companies? >> no, not at all. >> okay. robert quinn, thanks very much for your time. >>> now stick around because straight ahead on today's show, we'll be live in brussels as europe's leaders gather for their latest summit and we'll look at what...
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Dec 6, 2012
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boy, the u.s. consumer is fickle. >> we are. >> one of the ideas to continue to bring gay products by tesla. remember when someone said that? but that just shows the absurdities we've reached. what would you do next? they're not sure he want to do tvs. tried make a smaller ipad. different colors? >> if you had told me a computer program would create a device to play songs, i probably would have told you you're crazy. sometimes there are people smarter than we are. >> but there's no -- based on valuation metric, you cannot explain -- no reason why that stock should have dropped from 700 or whatever it was back to 500. based on valuation. the penetration of the iphone in the total smartphone market is still down here. no reason that should have happened except that it does happen. >> that's why i buy into santelli's take on this. he was the one saying last week that the reason you're seeing stuff like that, the best thing he can do to explain it, he thinks that it's because what you see are the big w
boy, the u.s. consumer is fickle. >> we are. >> one of the ideas to continue to bring gay products by tesla. remember when someone said that? but that just shows the absurdities we've reached. what would you do next? they're not sure he want to do tvs. tried make a smaller ipad. different colors? >> if you had told me a computer program would create a device to play songs, i probably would have told you you're crazy. sometimes there are people smarter than we are. >> but...
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Dec 24, 2012
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in the new year, the u.s. will find more ways to utilize or export this cheaper, cleaner fossil fuel, and the increase in demand will set the stage for the continuation of rising prices. >> it's been a wild ride for oil this year. oil prices fluctuating because of a lot of stuff in the middle east, also america's growing energy independence. what can we expect from energy in 2013? joining us from london is jason from european oil and gas research at mccard securities. i'm going to ask you an overall question, jason, and i don't know how you answer this, but, for investors, that are looking at a way to play energy, i mean, is it going to be basically hydro carbon based? are we back to that where it's either natural gas or oil exploration or some facet of that? >> i certainly think so. i think that did we're looking for trends in 2013, you know, the potential re-emergence of higher natural gas prices could be there. we think it's going to take some time for that to happen. i think the trend in 2013 is going to b
in the new year, the u.s. will find more ways to utilize or export this cheaper, cleaner fossil fuel, and the increase in demand will set the stage for the continuation of rising prices. >> it's been a wild ride for oil this year. oil prices fluctuating because of a lot of stuff in the middle east, also america's growing energy independence. what can we expect from energy in 2013? joining us from london is jason from european oil and gas research at mccard securities. i'm going to ask you...
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Dec 19, 2012
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the u.s. trade panel has final approval over the duties and is expected to vote on the case in late january. >>> in corporate news, ubs hit with a $1.5 million fine today. that will add up, a few more of those. the swiss bank admitting to fraud, it paying bribes to brokers. and pervasive, they call it manipulation of libor by dozens of staff. the penalty was agreed to with u.s., u.k., and swiss regulators. it is more than three times the $450 million fine that was levied on barclays in june. the second largest fine ever on a paid -- paid by a bank. it only was topped by the $1.9 billion penalty that hsbc agreed to last week to settle that money laundering probe. >> crazy thing that stock's up. it's leading the exchange there today because people had been expecting maybe a slightly higher fine even than that. three times the amount. it was supposedly taking place for five to seven years, 30 to 40 traders have left. pretty pervasive. >> i wonder how much they -- they make money or lose money aft
the u.s. trade panel has final approval over the duties and is expected to vote on the case in late january. >>> in corporate news, ubs hit with a $1.5 million fine today. that will add up, a few more of those. the swiss bank admitting to fraud, it paying bribes to brokers. and pervasive, they call it manipulation of libor by dozens of staff. the penalty was agreed to with u.s., u.k., and swiss regulators. it is more than three times the $450 million fine that was levied on barclays in...
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Dec 5, 2012
12/12
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so if the u.s. puts in austerity as you say, then that is going to drag on the economies around the rest of the world. and you're looking at, i think, more concerns, and that could go back to the dollar, surprisingly. >> kevin, why don't we talk about oil prices? we did see oil touch above $90 last week at the end of the week. but it was a very brief move, this morning back down around $88. what's driving things right now? is it geopolitical or more of a story about what's happening in economies around the world? >> merry fiscal cliff-mas to you. you're going to see more bouncing like a yo yo, on the fundamental story, the models we have pointing going into 1q, the reason, it sort of rhymes in the spirit of the season. you have non-opec demand growing, global demand slowing, it's not snowing, and down is where we're going. the next big data point is probably the iaea report in february. and if that implicates more progress toward an iranian bomb, there's significant risk to look to the upside. in th
so if the u.s. puts in austerity as you say, then that is going to drag on the economies around the rest of the world. and you're looking at, i think, more concerns, and that could go back to the dollar, surprisingly. >> kevin, why don't we talk about oil prices? we did see oil touch above $90 last week at the end of the week. but it was a very brief move, this morning back down around $88. what's driving things right now? is it geopolitical or more of a story about what's happening in...
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Dec 24, 2012
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the u.s. mx said the stoppage in the west coast a decade ago cost the economy about $1 billion a day. reportedly the unions offered to extend the contract through january was rejected. if there's a strike, the union says clothing, frozen foods and household goods would not move. but mail, military cargo and some perishables may go through. the last time we had an east coast strike like this, 1977. i did call the union's main office this morning. they are closed for the holidays. and on their website, a little bit of foreboding, there's a big fat link on the upper right side that says strike preparations. melissa, back to you. >> brian, as we've seen with other strikes, of course, theoretically shifts can go into other ports maybe in mexico and goods can move up by rail or truck. >> yes. but it does complicate the supply chain. there is obviously some distribution issues. but yes, there are ways around it. it just complicates it and costly. >> brian shactman, thank you. as congressional leaders
the u.s. mx said the stoppage in the west coast a decade ago cost the economy about $1 billion a day. reportedly the unions offered to extend the contract through january was rejected. if there's a strike, the union says clothing, frozen foods and household goods would not move. but mail, military cargo and some perishables may go through. the last time we had an east coast strike like this, 1977. i did call the union's main office this morning. they are closed for the holidays. and on their...
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Dec 13, 2012
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really following the cues of the u.s. markets this morning. our road map today starts with the fed announcing a new round of stimulus as chairman ber bernanke warps the fiscal cliff is hurting growth. house speaker john boehner expected to talk on the cliff talks 11 a.m. eastern time. >> told you this week, of course, they were talking actively, now, sprint/nextel offering to purchase the other half of clearwire it doesn't own. >> surges of best buy surging on reports that the founder is on the verge of making a formal takeover bid. >> and google maps has found its way back into apple's operating system. >> of course, we have to start off with the markets. dow's five-day winning streak has been snapped, despite the fed announcing a new round of stimulus. chairman ber bernanke say worries about the fiscal cliff are resulting in softer business environment and waning growth. members of congress told not to make plans for the christmas holidays, citing the urgency of striking a deal to avoid the fiscal cliff. the speaker set to given a update out
really following the cues of the u.s. markets this morning. our road map today starts with the fed announcing a new round of stimulus as chairman ber bernanke warps the fiscal cliff is hurting growth. house speaker john boehner expected to talk on the cliff talks 11 a.m. eastern time. >> told you this week, of course, they were talking actively, now, sprint/nextel offering to purchase the other half of clearwire it doesn't own. >> surges of best buy surging on reports that the...
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Dec 3, 2012
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and while the u.s. faces a fiscal cliff, which hopefully we can avoid, europe faces a financial cliff because the u.s. has restructured its financial institutions and europe has not. what about the practical implications of that fact? >> well, i think -- i mean, that is a big ongoing dilemma, but i think the thing that people are understandably relieved about, and here is a super mario moment, this spiral between sovereigns and the house of banks appears famous last words, but being broken a bit in europe. and that is definitely a -- so the absolute worst appears to have been taken out of the oh kwagz. but, you happen, obviously europe is years behind the u.s. in terms of reforming its private sector financial system and those continue to be an issue going forward. but i quickly have linked to what i said before. i know investors are looking at investing in european financials and haven't dreamt of that for years. that's a mood that has grown in the past couple of weeks. >> it's steve mcmahon. would you
and while the u.s. faces a fiscal cliff, which hopefully we can avoid, europe faces a financial cliff because the u.s. has restructured its financial institutions and europe has not. what about the practical implications of that fact? >> well, i think -- i mean, that is a big ongoing dilemma, but i think the thing that people are understandably relieved about, and here is a super mario moment, this spiral between sovereigns and the house of banks appears famous last words, but being...
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Dec 12, 2012
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one for u.s. viewers on the statistics, u.s. in 2012, it's producing 6.5 million barrels of oil equivalent. that is the highest levels in 15 years. set in 2013 to produce over seven million barrels, the highest levels in 20 years. no wonder paperworkopec's worri demand. >> especially with the situation with shale and natural gas and everything. thank you very much. >>> coming up, the fiscal cliff, the dividend tax rate, a power company ceo will tell us about his biggest concern if a deal doesn't get done by the end of the year. >>> also, what the ceo of walmart thinks about that, as well. he had really explosive data. mike duke last night. we'll bring it to you. "squawk box" is coming back. what's next? he's going to apply testosterone to his underarm. axiron, the only underarm treatment for low t, can restore testosterone levels back to normal in most men. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women, especially those who are or who may become pregnant, an
one for u.s. viewers on the statistics, u.s. in 2012, it's producing 6.5 million barrels of oil equivalent. that is the highest levels in 15 years. set in 2013 to produce over seven million barrels, the highest levels in 20 years. no wonder paperworkopec's worri demand. >> especially with the situation with shale and natural gas and everything. thank you very much. >>> coming up, the fiscal cliff, the dividend tax rate, a power company ceo will tell us about his biggest concern...
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Dec 11, 2012
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so this money guaranteed by the u.s. is going to see the wealthy plow their money in these institutions, guaranteed. and who guarantees it? all the other people that aren't necessarily wealthy. so, once again, the faux rich get thrown into the ditch. because the way i see it, whether it's the super wealthy on many levels, and i hope everybody becomes super wealthy. once again being confused with the upper middle class. these issues never go away. here's what i worry. all these big bailouts, we talked about aig today. yeah, it worked out. at what expense? what did we give away? what moral hazards did we create? let's not create another one. if the super wealthy want guarantees, let's not give it to them. let's put it to work the way capital ought to be and create new enterprise. >>> markets going to watching the speaker of the house. john boehner is going to speak from the floor of the house. not a brepresser. with an update on fiscal cliff go negotiations. that's coming at noon right after the gavel. in the meantime, you
so this money guaranteed by the u.s. is going to see the wealthy plow their money in these institutions, guaranteed. and who guarantees it? all the other people that aren't necessarily wealthy. so, once again, the faux rich get thrown into the ditch. because the way i see it, whether it's the super wealthy on many levels, and i hope everybody becomes super wealthy. once again being confused with the upper middle class. these issues never go away. here's what i worry. all these big bailouts, we...
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Dec 20, 2012
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well, you know, the u.s. is getting close. wl when you say 90%, you're talking about debt that's being held by the public, not about debt hanging out on a fed's balance sheet. exactly how much growth are we talking? can you quantify that for me, sir? >> well, the fed's balance sheet counts when it's issuing short-term debt and buying long-term debt. the treasury owns the fed. that's a bit of an illusion. the effect on growth, again, this is an association. there's a lot of qualifications. but the slower growth averages about a little over 1% a year and the average episode lasts more than 20 years. that was in my research with carmen and vincent reinhart. if you're running it out 20 years, 25 years, you're a quarter lower on your output than you would have been. it's a big deal. it's not the only thing go on. it depends on what kind of innovation you have, infrastructure. there are things can you do to try to mitigate it but having a high debt level out there limits your options. if you have problems in the future, eventually t
well, you know, the u.s. is getting close. wl when you say 90%, you're talking about debt that's being held by the public, not about debt hanging out on a fed's balance sheet. exactly how much growth are we talking? can you quantify that for me, sir? >> well, the fed's balance sheet counts when it's issuing short-term debt and buying long-term debt. the treasury owns the fed. that's a bit of an illusion. the effect on growth, again, this is an association. there's a lot of qualifications....
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Dec 10, 2012
12/12
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we know from a u.s. official, it was told to us that he was a member of the naval special war fair development group. s.e.a.l. team six. a very elite unit, but we are not being told whether he was actually part of that smaller team that actually went into the bin laden compound and took out osama bin laden. we do expect that the navy will release the name of this fallen hero sometime later today. they probably will not name his exact unit. >> all right. thanks. chris lawrence live for us at the pent dpon this morning. thank you. >> yeah. really? [ male announcer ] alka-seltzer plus fights your worst cold symptoms, plus it relieves your runny nose. [ breathes deeply ] awesome. [ male announcer ] yes, it is. that's the cold truth! it's lots of things. all waking up. ♪ becoming part of the global phenomenon we call the internet of everything. ♪ trees will talk to networks will talk to scientists about climate change. cars will talk to road sensors will talk to stoplights about traffic efficiency. the am
we know from a u.s. official, it was told to us that he was a member of the naval special war fair development group. s.e.a.l. team six. a very elite unit, but we are not being told whether he was actually part of that smaller team that actually went into the bin laden compound and took out osama bin laden. we do expect that the navy will release the name of this fallen hero sometime later today. they probably will not name his exact unit. >> all right. thanks. chris lawrence live for us...
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some u.s. senators say now is the time for russia to act. >> this is an opportunity for russia to show the international community at large that you can be a constructive force at a time of great need. and you have a unique capability as a nation to do some good. >> reporter: for the u.s., the insurgents gains are a double-edged sword. some of the most ruthlessly affected fighters also are the most radicalized. washington is moving to declare one of those groups a terrorist organization. but the obama administration worries that the stronger radical fighters become the more armed combat, not political efforts to find a solution will decide the outcome in syria. early next week secretary clinton travels to morocco for a meeting of the so-called friends of syria group. the focus will be on the opposition with the obama administration taking the first steps towards officially recognizing them. jill dougherty, cnn, dublin. >>> we're just a few minutes away from speaking with senator jim demint of s
some u.s. senators say now is the time for russia to act. >> this is an opportunity for russia to show the international community at large that you can be a constructive force at a time of great need. and you have a unique capability as a nation to do some good. >> reporter: for the u.s., the insurgents gains are a double-edged sword. some of the most ruthlessly affected fighters also are the most radicalized. washington is moving to declare one of those groups a terrorist...
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she says the fundamentals of the u.s. are solid, despite the fiscal cliff concerns coming out of washington. she says stocks could get hit in the early part of the area if we go over the fiscal cliff, but the fundamentals of the economy are still good. >>> all right. apple stock dropped more than 6% yesterday. shares were down about half a percent in pre-market trading this morning. no concrete news pushing them down, but today there's another hearing in the patent case with samsung in california. and a tech research report generatored a lot of buzz that apple's tablet competitors could eat into its market share. >> interesting. >> thanks, christine. >>> well, the good news is, let's do the fiscal cliff and the good news. and it's not very much. but at least the two sides are talking, by phone. not face to face. house speaker john boehner and the president are hoping to break the fiscal cliff ice. now we're just mixing metaphors, left and right. speaking on the phone, 26 days left, of course, until we tumble over the clif
she says the fundamentals of the u.s. are solid, despite the fiscal cliff concerns coming out of washington. she says stocks could get hit in the early part of the area if we go over the fiscal cliff, but the fundamentals of the economy are still good. >>> all right. apple stock dropped more than 6% yesterday. shares were down about half a percent in pre-market trading this morning. no concrete news pushing them down, but today there's another hearing in the patent case with samsung in...
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Dec 10, 2012
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but the u.s. is threatening sanctions if the launch takes place and views it more sinister. >>> seattle's city hall, 133 same-sex couples tied the knot in the day gay marriage went into effect. the first same-sex couple made it official 12:04 sunday morning. the couples were among the first to pick up marriage licenses last thursday. there was a mandatory three-day waiting period before they could actually tie the knot. >>> "saturday night live" tackling the fiscal cliff. president obama with a message to republicans, quit bullying bayne boehner. >> simply put, i felt sorry for this man. earlier this week, i found my way into the congressional cafeteria. what do i see? john boehner sitting by himself. all alone. not a single member of his party willing to share his company. he didn't even have any milk to drink because -- well, tell them why, john. >> they had taken my milk and thrown it in the garbage. >> they took it and threw it in the garbage. >> that's jay ferrell as president obama. he is so
but the u.s. is threatening sanctions if the launch takes place and views it more sinister. >>> seattle's city hall, 133 same-sex couples tied the knot in the day gay marriage went into effect. the first same-sex couple made it official 12:04 sunday morning. the couples were among the first to pick up marriage licenses last thursday. there was a mandatory three-day waiting period before they could actually tie the knot. >>> "saturday night live" tackling the fiscal...
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Dec 10, 2012
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the u.s. and south korea are condemning the north's second launch attempt this year. an earlier one failed in april. the u.s. and south korea say the launch is a cover for ballistic missile testing. >>> barriers are going up outside the presidential palace in egypt as the nation moves closer to saturday's planned constitutional referendum. the palace has been the site of clashes between those for and against president mohamed morsi after he gave himself unchecked powers last month. the opposition is calling for new nationwide protests ahead of the vote. >>> and the nobel peace prize has been given to the european union. the three presidents of the eu's main bodies accepted the prestigious award this morning at a ceremony in oslo, norway, but this year's choice was not without controversy. three former nobel laureates wrote a letter of protest saying the union doesn't qualify as a peace maker. >>> for the second time in two weekds, an nfl team overcomes the death of a teammate with a victory on
the u.s. and south korea are condemning the north's second launch attempt this year. an earlier one failed in april. the u.s. and south korea say the launch is a cover for ballistic missile testing. >>> barriers are going up outside the presidential palace in egypt as the nation moves closer to saturday's planned constitutional referendum. the palace has been the site of clashes between those for and against president mohamed morsi after he gave himself unchecked powers last month. the...
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Dec 17, 2012
12/12
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and we have also now learned that the u.s. senate, members of the senate, have observed a moment of silence. want to take a moment here, take a look. >> i now ask that the united states senate observe a moment of silence to honor the victims of the sandy hook elementary school tragedy. >> mr. president -- >> majority leader. >> the following remarks -- >> just wanted to share that moment with you as we just learned that the floor of the u.s. senate in silence, in memory of the lost lives here in newtown, connecticut. let me also keep you up to speed in terms of the investigation, a possible motive. we have new details from police that may complicate the search for a motive. >> there was no connection between the shooter and the school according to the school authorities here in newtown. >> none at all? >> according to the school authorities in newtown. >> we have also learned about another survivor of friday's massacre. police say now not one, two adults were shot and wounded at the school, both adults now recovering from inju
and we have also now learned that the u.s. senate, members of the senate, have observed a moment of silence. want to take a moment here, take a look. >> i now ask that the united states senate observe a moment of silence to honor the victims of the sandy hook elementary school tragedy. >> mr. president -- >> majority leader. >> the following remarks -- >> just wanted to share that moment with you as we just learned that the floor of the u.s. senate in silence, in...
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Dec 2, 2012
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the u.s. government has tried to get their hands around this by passing this resource conflict legislation that tries to get their arms around better regulating the minerals that come out of congo. that hasn't really worked. it's not purely a mineral issue. it's a lot about power and com and politics. that's why this is so complic e complicated and keeps going on. >> thank you. up next, the author of the black swan. he joins me. he has a new book out. [ female announcer ] imagine skin so healthy, it never gets dry again. can your moisturizer do that? [ female announcer ] dermatologist recommended aveeno has an oat formula, now proven to build a moisture reserve, so skin can replenish itself. that's healthy skin for life. only from aveeno. make a wish! i wish we could lie here forever. i wish this test drive was over, so we could head back to the dealership. [ male announcer ] it's practically yours. test drive! but we still need your signature. volkswagen sign then drive is back. and it's neve
the u.s. government has tried to get their hands around this by passing this resource conflict legislation that tries to get their arms around better regulating the minerals that come out of congo. that hasn't really worked. it's not purely a mineral issue. it's a lot about power and com and politics. that's why this is so complic e complicated and keeps going on. >> thank you. up next, the author of the black swan. he joins me. he has a new book out. [ female announcer ] imagine skin so...
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Dec 31, 2012
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the u.s. snalt gets back to work right about now. the house has been in session for about an hour now. senate leaders are the ones trying to hammer out a deal picking tax break ceilings, trying to lessen the impact of spending cuts. there are still major obstacles to pass. but this morning we're hearing that progress is being made. we'll have more on that and the fiscal cliff negotiations in a minute. >>> first, i want to show you the rest of the world is ringing in the new year. midnight arrived in asia. they are calling it a pyre tech nick musical. they were scheduled to begin an hour before midnight. hong kong on the top ten places to ring in the new year. let's listen. ♪ ♪ ♪ ♪ >>> ring in the new year, good morning 2013. we'll continue to monitor all of these celebrations as the day rolls on. the night rolls on in some cases. midnight in the u.s. is the big fiscal cliff deadline. there are two fronts we are watching today. capitol hill and wall street. let's see if there's any movement on capitol hill. stock markets movin
the u.s. snalt gets back to work right about now. the house has been in session for about an hour now. senate leaders are the ones trying to hammer out a deal picking tax break ceilings, trying to lessen the impact of spending cuts. there are still major obstacles to pass. but this morning we're hearing that progress is being made. we'll have more on that and the fiscal cliff negotiations in a minute. >>> first, i want to show you the rest of the world is ringing in the new year....
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Dec 8, 2012
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the issue the u.s. supreme court agreed to take on that will make history. >> all of those who argued for nonintervention because of the things that might happen have now happened because we failed to intervene. >>> when is enough enough? that is the question many are asking about syria as the death toll climbs and concerns mount over chemical weapons and some lawmakers are saying it is too late to stop mass destruction. >>> what is going on with netflix? another major blunder by the ceo. why he is being investigated by the ccc. >>> it is saturday, december 8th. good morning, everyone. i'm randi kaye. victor blackwell is off today. we start with a landmark decision by the supreme court. the justices decided to hear two ca cases. joe johns has a look. >> randi, after weeks of speculation the court decided to take up two cases on same-sex marriage. the first one about the defensive marriage act. windsor against the united states. they were married in toronto, canada, in 2007. spire died in 2007 in new yor
the issue the u.s. supreme court agreed to take on that will make history. >> all of those who argued for nonintervention because of the things that might happen have now happened because we failed to intervene. >>> when is enough enough? that is the question many are asking about syria as the death toll climbs and concerns mount over chemical weapons and some lawmakers are saying it is too late to stop mass destruction. >>> what is going on with netflix? another major...
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Dec 7, 2012
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nonetheless, the u.s. attorney in washington has been very clear in saying that it is a violation of federal law and our job as department of justice employees is to enforce federal law. >> do you agree with the federal law? do you agree the federal law should remain that -- pot use and -- smoking, trafficking, selling, administering taxes on, pot use, should all be illegal state to state? >> well, listen, that law represents value judgment of congress as to what is right important the american people. so -- you asked me whether or not i had personal views about it, i certainly do. as a general manner it does represent the will of the people through the actions by congress. i personally believes the a mistake. i certainly am -- being a former state official of texas, certainly believe in the rights of the states to make these kind of decisions for their own people. but i -- i -- here we do have -- a field you can argue has been preempted by the federal government, regulatory scheme that has been in place i
nonetheless, the u.s. attorney in washington has been very clear in saying that it is a violation of federal law and our job as department of justice employees is to enforce federal law. >> do you agree with the federal law? do you agree the federal law should remain that -- pot use and -- smoking, trafficking, selling, administering taxes on, pot use, should all be illegal state to state? >> well, listen, that law represents value judgment of congress as to what is right important...
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Dec 8, 2012
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the u.s. senate used to block a u.n. treaty. a treaty meant to improve the lives of millions of disabled people around the world. hundreds of millions. the treaty is called the united nations conventions on the rights of persons with disabilities. it was modeled on the americans with disabilities act. the treaty was meant to encourage other countries to be more like the u.s. on the issue of equal rights for the disabled. also disabled americans who visit or live in other countries could potentially benefit from the u.n. treaty. 125 countries ratified it. but on tuesday, 38 u.s. republican senators voted against it. there names are right there. some of them flip-flopped at the last minute. some had signaled support for the treaty and then indicated they'd vote for it only to vote against it. one of the measure's co-sponsored, jerry mirrand, actually voted against it. so the guy who co-sponsored it voted against it. we asked him to come on the program yesterday, today as well. he declined. a for
the u.s. senate used to block a u.n. treaty. a treaty meant to improve the lives of millions of disabled people around the world. hundreds of millions. the treaty is called the united nations conventions on the rights of persons with disabilities. it was modeled on the americans with disabilities act. the treaty was meant to encourage other countries to be more like the u.s. on the issue of equal rights for the disabled. also disabled americans who visit or live in other countries could...
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Dec 2, 2012
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the u.s. government has tried to get their hands around this by passing this resource conflict legislation that tries to get their arms around better regulating the minerals that come out of congo. that hasn't really worked. it's not purely a mineral issue. it's a lot of power and control and politics. that's why this is so complicated and keeps going on. >> jeff get he willman, thank you. up next, the author of the black swan. he joins me. he has a new book out. to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. [ male announcer ] can a car be bu
the u.s. government has tried to get their hands around this by passing this resource conflict legislation that tries to get their arms around better regulating the minerals that come out of congo. that hasn't really worked. it's not purely a mineral issue. it's a lot of power and control and politics. that's why this is so complicated and keeps going on. >> jeff get he willman, thank you. up next, the author of the black swan. he joins me. he has a new book out. to help those affected...
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Dec 8, 2012
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u.s. authorities are investigating whether a man detained in egypt played a role in the attacks on the u.s. consulate in benghazi. egyptian authorities have detained mohamed jamal abu ak med. he was removed from prison after the downfall of mubarak's regime. susan, what do we now know about the arrest of the alleged terror suspect? >> hi, joe. u.s. authorities are looking at whether this man involved in an egypt-based terror network is responsible for that attack on the u.s. consulate in benghazi on september 11 according to a u.s. official with direct knowledge of the investigation. mohamed achmed was detained by egyptian authorities. the fbi which is conducting the investigation has not had access to him yet. following the attack he popped up on their radar. the official wouldn't comment on what led them to him. joe. >> what does this investigation mean in the big picture for the benghazi attacks? >> it's running on several different tracks. they are looking at a lot of different people
u.s. authorities are investigating whether a man detained in egypt played a role in the attacks on the u.s. consulate in benghazi. egyptian authorities have detained mohamed jamal abu ak med. he was removed from prison after the downfall of mubarak's regime. susan, what do we now know about the arrest of the alleged terror suspect? >> hi, joe. u.s. authorities are looking at whether this man involved in an egypt-based terror network is responsible for that attack on the u.s. consulate in...
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Dec 8, 2012
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and the u.s. supreme court has said that a non-self executing treaty doesn't create obligations that could be enforced in u.s. federal courts. >> the fact that it may be non-self executing, anderson, doesn't mean that it doesn't have any impact at all. it just means that you might not be able to bring a lawsuit arising under that treaty. >> but it doesn't become the law of the u.s. >> actually, it does. article 6 of the u.s. constitution says any treaty ratified by a two-thirds super majority of the senate does become the supreme law of the land. this could come up in litigation and although you couldn't have a cause of action arising directly under this treaty, it could come up and it could have an impact on the court's interpretation of u.s. law. >> can you name -- >> it can become part of u.s. law. >> can you name any other u.n. treaty that has forced changes in u.s. law? >> i didn't come prepared to cite supreme court precedent on this point, but it's a -- >> what you're saying is totally hypo
and the u.s. supreme court has said that a non-self executing treaty doesn't create obligations that could be enforced in u.s. federal courts. >> the fact that it may be non-self executing, anderson, doesn't mean that it doesn't have any impact at all. it just means that you might not be able to bring a lawsuit arising under that treaty. >> but it doesn't become the law of the u.s. >> actually, it does. article 6 of the u.s. constitution says any treaty ratified by a...
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Dec 25, 2012
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this could become the costliest natural disaster in u.s. history. and number one, superstorm sandy. >> the storm made landfall over the most populated areas of the united states. wind damage, power outages, inland flooding and snowstorms are threatening the lives and homes of people from virginia to massachusetts. >> i have never seen devastation like this in my life. >> the surf here getting much more violent. >> you are not to be on the streets. >> they are keeping an eye on the possibility of flooding. >> superstorm sandy has crippled the nation's biggest transit system. >> flooding and power outages that could last for day. >> people need to be self-aware. >> the storm killed at least one hundred thirteen people in the u.s. and cost tons of billions of dollars worth of damage. chad meyers, cnn. >> next, the most intriguing people of 2012 as voted on by you. but first remembering some of those we lost this past year. ♪ ♪ >> you know you know it. that's south korean rapper psy with his viral hit, "gangnam style." it has become the most watched
this could become the costliest natural disaster in u.s. history. and number one, superstorm sandy. >> the storm made landfall over the most populated areas of the united states. wind damage, power outages, inland flooding and snowstorms are threatening the lives and homes of people from virginia to massachusetts. >> i have never seen devastation like this in my life. >> the surf here getting much more violent. >> you are not to be on the streets. >> they are...
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Dec 8, 2012
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the u.s. on the issue of equal rights for the disabled. also disabled americans who visit or live in other countries could potentially benefit from the u.n. treaty. 125 countries ratified it. but on tuesday, 38 u.s. republican senators voted against it. there names are right there. some of them flip-flopped at the last minute. some had signaled support for the treaty and then indicated they'd vote for it only to vote against it. one of the measure's co-sponsored, jerry mirrand, actually voted against it. so the guy who co-sponsored it voted against it. we asked him to come on the program yesterday, today as well. he declined. a former senator got involved on this as well, rick santorum, whose 4-year-old daughter bella is disabled. he was one of the treaty's strongest proponents. here's what he said last month. >> this is a direct assault on us and our family to hand over to the state the ability to make medical determinations and see what is in the best interest of the child and not look at th
the u.s. on the issue of equal rights for the disabled. also disabled americans who visit or live in other countries could potentially benefit from the u.n. treaty. 125 countries ratified it. but on tuesday, 38 u.s. republican senators voted against it. there names are right there. some of them flip-flopped at the last minute. some had signaled support for the treaty and then indicated they'd vote for it only to vote against it. one of the measure's co-sponsored, jerry mirrand, actually voted...
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the u.s. is updating its military plans against syria as new intelligence shows assad's regime is loading sarin gas into bombs. and president obama's pot problem. let's go "outfront." >>> i'm tom foreman in for erin burnett. "outfront" tonight, the magic number after a whole week of harsh words here in washington and threats too, did house speaker john boehner hint ever so slightly at a compromise today that could finally edge us away from the dreaded fiscal cliff? it comes down to tax rates. this is a huge sticking point in the stalled negotiations between the president and mr. boehner. obama says the top rate on household income above $250,000 should rise from 35% to 39.6%. boehner wants the rate to stay at 35% or even lower. but what about meeting in the middle? around 37%? listen carefully to the speaker when he was asked today whether that rate could be the answer to this impasse. >> there are a lot of things that are possible. to put the revenue the president seeks on the table. but none
the u.s. is updating its military plans against syria as new intelligence shows assad's regime is loading sarin gas into bombs. and president obama's pot problem. let's go "outfront." >>> i'm tom foreman in for erin burnett. "outfront" tonight, the magic number after a whole week of harsh words here in washington and threats too, did house speaker john boehner hint ever so slightly at a compromise today that could finally edge us away from the dreaded fiscal cliff?...